Emma-Jayne Blackman BBC News, Jersey BBC In 2024, a family on an average income could afford a mortgage on a one-bedroom flat A Jersey estate agent says the government needs to do more to support the housing market. Gill Hunt, the president of the Jersey Estate Agents’ Association, said “a stamp duty holiday” would get the […]
Key Points U.K. house prices fell for the first time in nine months in December, as the country’s Budget and higher mortgage rates dampened a recent flurry of homebuyer activity. Average property prices dipped 0.2% between November and December — the first monthly drop since March — fresh data from lender Halifax showed Tuesday. Tom […]
Michele Lerner Updated Thu, January 2, 2025 at 8:19 PM GMT+2 9 min read A housing market crash happens when home values plummet due to a lack of demand for homes or an oversupply. Housing market crashes can happen for multiple reasons, such as a deep recession or depression causing homeowners to lose their jobs, high mortgage […]
Don’t try and time the market either at the lowest price,’ says real estate CEO CBC News · Posted: Oct 23, 2024 4:00 AM EDT | Last Updated: 7 hours ago While sales have remained steady since last year so far, experts are saying they are seeing signs of a balanced market. (Colin Butler/CBC News) Whether you’re buying […]
China’s troubled housing market will continue to see softness as a slew of government stimulus and support measures have not been “satisfactory” in propping up the sector, according to a JPMorgan economist. The “housing market crash is still not over yet,” Haibin Zhu, chief China economist at JPMorgan told CNBC’s “Squawk Box Asia” Monday, […]
Dubai records Dh10.4 billion in weekly real estate transactions A total of 3,050 real estate transactions recorded during the week The DLD report showed that 189 plots were sold for Dh1.19 billion, 2,239 apartments and villas were sold for Dh5.11 billion. A total of 3,050 real estate transactions worth Dh10.4 billion were conducted during the […]
New York City is the biggest city in the US, and it has an equally massive housing market. The average rent in Manhattan is more than $3,000, and prices in the other boroughs aren’t far behind. Here are nine surprising facts about New York housing that will make you glad you live somewhere else. Visit Business Insider’s homepage […]
What does this chart show? That house prices are still rising, though not as fast as they were. Average house prices in the UK rose 8.3 per cent in the year to July, slipping back from the 9.7 per cent annual figure registered in the year to June. London price growth stayed high at 12.3 […]
Dear median-income Vancouver household looking to buy real estate in the city where you work and play: It will take you more than six years to save for a five percent down payment on a median-priced home. And once you’ve reached that goal, carrying that median-priced home will consume 81 percent of your gross […]
